Hong Kong regulators plan to submit a draft framework for digital assets in 2026, including regulations for crypto advisory services. The Hong Kong Monetary Authority is processing stablecoin issuer license applications and will address reporting digital assets for taxes. No licensed stablecoin issuers were on the public register as of Friday.

11 crypto platforms are licensed to provide services for Hong Kong residents. US lawmakers advanced a digital asset market structure bill, clarifying roles for financial regulators in overseeing cryptocurrencies. Hong Kong aims to become a center for financial innovation with proper regulatory measures.

Read more at Cointelegraph: Hong Kong Regulators to Submit Draft Bill for Crypto Framework in 2026